Accommodation companies urged to end demanding deposit from NSFAS funded university students
Accommodation companies urged to end demanding deposit from NSFAS funded university students
Blog Article
The National Student Financial Aid Scheme (NSFAS) has urged landlords not to demand a deposit or top-up payment from NSFAS-funded students.
This arrives following NSFAS received stories about some accommodation providers who need NSFAS-funded students to pay for a deposit or top-up payment in order to get use of the accepted private accommodation.
Friday, February 7, 2025
"NSFAS reminds accommodation vendors in the obligatory conditions, as furnished by the Standardised Fixed-Term Lease Agreement involving the non-public accommodation providers and NSFAS funded students," NSFAS explained in a press release on Thursday.
The Standardised Fixed-Term Lease Agreement states that the rent might be paid out month to month to your accommodation provider (lessor) by NSFAS, on behalf on the lessee (NSFAS funded student), in accordance using the NSFAS conditions and terms for personal accommodation vendors’ participation on the student accommodation portal.
"The lessor may not require or allow the lessee to pay for a deposit, top-up payments, or any other types of payment for the lessor, or almost every other person in reference to this agreement, like payment of lease, whilst awaiting payment from NSFAS. The lessor shall have no recourse versus more info the lessee for any default within the payment of rent by NSFAS," the arrangement reads.
The NSFAS conditions and terms for private accommodation companies’ participation on the student accommodation portal also states that: "Where the NSFAS-funded student is defunded resulting from an incorrect selection by NSFAS, the scholar will not be responsible for payment of any arrear rent towards the accommodation service provider, up till the day of being defunded."
NSFAS discussed that in which the NSFAS-funded student chooses to continue occupying the leased read more premises, notwithstanding remaining defunded by NSFAS, the scholar will be answerable for payment of lease towards the lessor with the date of staying defunded.
"Where the student is defunded by NSFAS due to a misrepresentation by the lessee/guardian at any stage, the student must immediately vacate the leased property; and will be liable for payment of all rent due to the accommodation nsfas document submission deadline provider.
"Where the student moves, accommodation providers without the prior approval of NSFAS, NSFAS may get more info elect not to pay any rental to the new accommodation provider, and any such rental payments will be for the student own account," the nsfas application delay scheme said.
The scheme emphasised that any dispute arising between the parties regarding the interpretation or implementation of the agreement, must be dealt with in accordance with any dispute resolution procedure determined by NSFAS for this purpose.
From: SAnews.gov.za